The Do-Not-Call Registry allows consumers to designate specific companies not to call them.
Answer the following statement true (T) or false (F)
True
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To recognize indirect and direct factory labor cost for the month, an entry is made
a. debiting Payroll Expense, debiting Work in Process, and crediting Factory Overhead. b. debiting Work in Process, debiting Factory Overhead, and crediting Payroll Expense. c. debiting Work in Process, debiting Factory Overhead, and crediting Wages Payable. d. debiting Factory Overhead, debiting Payroll Expense, and crediting Accounts Payable.
LLL Company reported the following items on its 2019 financial statements:
a. Determine LLL's rate of return on total assets for 2019. Round final answer to two decimal places. Label your work and show computations.
b. What does the rate of return on total assets mean? Discuss your findings for LLL.
If a company owns 90 percent or more of a subsidiary's stock, a merger may be effected with approval of the parent's board of directors alone, without resort to shareholders. This is called a:
a. parent-sub merger. b. board merger. c. short-cut merger. d. short-form merger.
You are considering an investment in a Third World bank account that pays a nominal annual rate of 18%, compounded monthly. If you invest $5,000 at the beginning of each month, how many months would it take for your account to grow to $450,000? Round fractional months up.
A. 47 B. 57 C. 67 D. 51 E. 70